FOTSI Indicator

1

FOTSI – Forex Overview True Strength Index

Discover the true strength of each currency and trade with an advantage.

The FOTSI Indicator is a multi-currency oscillator that measures the real momentum of each major currency (USD, EUR, GBP, JPY, CHF, AUD, CAD, NZD) across all its pairs.

Instead of analyzing a single chart, FOTSI combines data from multiple pairs, smooths the movement, and applies the True Strength Index (TSI) algorithm to give you a clear, stable, and lag-free view of each currency’s relative strength.

Main Features

  • Multi-currency oscillator: measures the strength of each currency independently.
  • Overbought and oversold levels:
    • +50 → Currency is overbought (high probability of correction).
    • –50 → Currency is oversold.
    • ±25 → Neutral zone.
  • Simple interpretation: curves above or below zero = strength/weakness.
  • No repaint: all calculations are real-time and remain stable.
  • Compatible with any pair and timeframe: recommended on H1, H4, and D1 for higher reliability.

How to Use?

  • Reversal strategy: look for turns when a currency reaches extremes of +50 or –50.
  • Entry confirmation: combine with Price Action or support/resistance levels.
  • Select strongest/weakest pairs: trade based on the strongest vs weakest currency.

Practical Examples

  • If USD is at +60 (overbought) and EUR at –55 (oversold) → high probability of rebound in EURUSD.
  • If multiple currencies are in the neutral zone (±25) → avoid entries, market lacks clear strength.

Competitive Advantages

  • Not just an RSI, combines multiple pairs to show real strength.
  • Identifies opportunities at extremes before they are obvious on the chart.
  • Helps avoid trading in sideways, trendless markets.

Additional Information

  • Platform: MetaTrader 5
  • Type: Oscillators, Multi-currency, Levels
  • Recommended for: Mean reversion traders, Swing traders, Relative strength analysts

 

FOTSI Indicator – See what others do not see.

Turn currency strength into your competitive advantage.

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luigig
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luigig 2025.12.18 10:43 
 

El indicado se ha descargado pero no se carga en el gráfico. Aparece en blanco, sin ninguna indicación. Mala compra

Leonardo Daniel Isaia
2273
Reply from developer Leonardo Daniel Isaia 2026.01.04 05:42
En la versión 1.8 del indicador (la que tienes disponible en la tienda actualmente) se ha corregido el inconveniente por el cual no podías usar el mismo al momento de comprarlo.
Ahora ya no tienes que configurar nada, simplemente arrastrar y soltar el indicador y el mismo detectará el sufijo que usa tu broker para que no tengas que molestarte en escribir nada tú. Por otro lado se modificó la programación para mantener el trazado de las líneas de FOTSI incluso si el servidor experimenta cortes o reconexiones así mantiene la persistencia de los datos. Por favor, evalúa la nueva versión del indicador para saber que se ha solucionado tu inconveniente. De ser así, agradecería que evalúes volver a calificar mi trabajo. La opinión de los usuario es muy importante para los desarrolladores que nos tomamos el trabajo de aportar nuestro tiempo y dedicación para mejorar la operativa de todos en la comunidad. Gracias y buen año para ti.
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